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Turbon AG (STU:TUR) Tax Rate % : 23.33% (As of Jun. 2024)


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What is Turbon AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Turbon AG's Tax Expense for the six months ended in Jun. 2024 was €0.25 Mil. Turbon AG's Pre-Tax Income for the six months ended in Jun. 2024 was €1.05 Mil. Therefore, Turbon AG's Tax Rate % for the quarter that ended in Jun. 2024 was 23.33%.

Turbon AG Tax Rate % Historical Data

The historical data trend for Turbon AG's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Turbon AG Tax Rate % Chart

Turbon AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.98 -50.22 26.42 0.10 52.34

Turbon AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.27 -52.51 22.41 121.89 23.33

Turbon AG Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Turbon AG's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=0.882/1.685
=52.34 %

Turbon AG's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0.245/1.05
=23.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Turbon AG Tax Rate % Related Terms

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Turbon AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Turbon AG (STU:TUR) » Definitions » Tax Rate %
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STU:SLSA HAM:P6K0 SZSE:300750 XSWX:ABBN XKRX:373220 HAM:OSR TSE:6503 BSP:WEGE3 VRT XPAR:LR SZSE:300124 BKK:DELTA SZSE:300274 HUBB MIL:PRY SZSE:300014 SHSE:603195 BOM:500093 BOM:517354 TSE:5803
Traded in Other Exchanges
TUR:Germany
Address
Zum Ludwigstal 14 - 16, Hattingen, NW, DEU
Website
https://www.turbon.de
Turbon AG is a management holding company operating through its subsidiaries, in the following segments; Turbon Consumables, Turbon Electrics, and Turbon Services. The Turbon Electrics segment, which generates key revenue, focuses on developing and manufacturing electrical and electronic assemblies, cables, cable harnesses, and reprocessing used toner cartridges. The Turbon Services segment provides printers, printer consumables, related services, and consulting on optimizing business processes with software solutions; and the Turbon Consumables segment manufactures printed and unprinted paper products like cash register rolls, POS terminal rolls, and entrance tickets. Geographically, the company generates maximum revenue from Europe, and the rest from Asia, Arab, and other regions.